Kapil Chit Funds Complaints & Reviews

There is incorrect and fluctuated late fee interest rates collected from customers and when i asked the branch manager(Mahesh) he is showing irresponsible behaviour and negligence to customer as response and disconnecting the call when i am talking on the phone and also when chit auction done by the customer, the amount to be recieved is taking from min 3 to 4 months to one year...

I am a customer of your Hyderabad Hasthinapuram Branch holding Chit# FKLTT09J22, which was prized in the month of October. I have submitted all the documents in Dec 1st week to Mr Jayapal who used to work in Hasthinapuram who after submitting the documents moved to a different branch.

The chit money is not credited to my account yet I was give number of branch manager Anil Kumar Dayyala ( [protected] -who never picks up calls)...

I dr nivedita has take 3 lakh chit in kapil madinaguda branch i paid 1.85 rupees till now the balance shd be 80000 and now the recovery person by name nithin is pressurising and threatening me to pay 220000 this is a clear cheating .i have all the reciepts for which i have paid . My cell no is [protected] pls give a call onnce you enquire about this and give me the solution otherwise i have to go legal for further assistance .

Thanks...

I have lifted my chit on 29 th sep submitted surities according to them branch manager issuing bid cancellation letter to me on 21 st dec. That letter i i received on 26 th dec. This is unfortunate that they r lying everytime if i ask cheque it will be issued in 2 to 3 days like that 3 months completed now i recieved a letter kindly do something n plz get back my hardened money....

A loan recovery agent name raju, kapilchitfunds, vidyanagar branch, karimnagar came to the house and used abusing language and don't know how to behave with the customers. I kept the surety signature for the customer this is not the fair way to treat the customer. This may lead to the negative publicity for the company. I hope you may take the action in very soon....

I am anil kumar mannem karempudi guntur, andhra pradesh, i hold my chit as on 30/10/2019. My chit referance number fpnl01g-24, 25 and fpnt01h-47, 48. Chit value 10, 00, 000/-. I submitted all the papers and 4 employees' sureties. But still did not release the chit amount i went to the number of time calling and i am visiting so many times in the chit fund office. But no replay....

Dear sir,

I am sunil kumar mutyam from tadepalligudem, west godavari, andhra pradesh, i hold my chit as on 30/03/2019. My chit referance number ftdt01k/21. Chit value 6, 00, 000/-. I submitted all papers and 4 employees sureties. But still did not release my chit amount i went to number of time calling and i am visiting so many time in chit fund office. But no replay.

Contact : [protected]...

Dear sir,

I have pre - closed chit in the month of julu'19 wide no: fstl01f - 37 in stonehousepet branch, nellore. Payment not received till date, managers not responding and postponing dates.
They r saying, i will arrange next month, u may go for forum, spandana govt programe any this else to file complaint.

I have to my mother surgery in this month, hence, resolve the asap otherwise i will go as per...

Dear sir,

I am a central government employee working in life insurance corporation of india. My mom named bukke. Parvathi bai had trust and faith about kapil chits good will my mom gone a chit value of 15 lacs for our financial need we asked to take a auction date but till now we havent recieved our full money half of the payment only we recieved...

Sir my name is sitaramayya konakalla, my bond myture is december 3rd but not respond any one. Many times going to office. But not respond. Vizianagaram branch 2. Eavery person minumum 45 days asked.

Company md name prasad [protected], finance incharge [protected], vizianagaram branch manager[protected].

This company colleted unthorised deposits also...

Dear sir iam vishnu vardhan reddy kapil chit fund subscriber from jeedimetla branch i joined june -2016 chit num fjml07j-10 this is 40month chit 500000, sep-2019 my chit completed but still iam not getting my money bm narsimha reddy said every time roteen story he is given wrong commitments and post pond to next month please look at my issue asap......

Im anish i have chits in kapil chit funds, they are collecting hard earned money from people and not returning the money, even there are many complaints on twitter, please take action. They are irresponsible and giving warnings in return
They gave me a cheque which needs to be deposited by them in their concerned bank and using filthy language...

I hold a 5 lakh chit in kapil chits pvt ltd, even after submitting 2 govt suritees & 1 private suritee they are not releasing my chit amount, it’s almost 50 days completed since i submitted all the necessary documents and suritees to them. The manager is not giving proper answer and not taking any responsibility about customers. He just ignoring my all appeals. Please help me...

Dear sir/madam
I started a 10 lakhs (20, 000 x 50 months) chit in jan 2019 and the manager promised to lift in july 2019 for 6, 00, 000. Anyways he did not do it and rather lifted it in august. I have provided 3 surety signatures and also started a chit as a security and since then the manager keeps saying that we will get money in one week every time we go. This is happening since september. Its too late and we have comitted to pay...

Hi, i'm monica lives in nellore a city from andhra pradesh. I work for andhra pradesh state government. I've taken a chit amount of rs 10-lakhs from kapil chit funds, vedayapalayem, nellore-524001. And through auction i received an amount of 06-lakhs. And my chit durable time and closing period end's of april/2020. I/we live in a year of nov/2019.in between period of 05-06months for my final chit closing period. Since day one of my chit started,...

Till now we haven received the amount of chit value even after 3 months of lifting the chit. The amount of chit value is rs.3 lakhs. The branch manager wantedly making delayed to release the amount though after submission of all the required documents. This shows the irresponsiblity of the kapil hits ltd. The customer name is jyotsna, who has lifted the chit for urgent family purpose. Kindly request you to look into the details and do need...

My association with kapil chits pvt ltd started 5 years ago from balanagar branch, extending subscription of different chits in kphb, secunderabad branches, without a single default/late payment/penalty of monthly subscriptions.

On 25/11/2019, monday @ 5.00p. M., i visited kapil chits balanagar branch to inform that i want to participate in auction of chit no. Fbnt16j-37 valuing rs.5, 00, 000/-.
I was shocked to know...

My chit no-fbvl06j-2 name bangi suveena, badvel branch, kadapa district. I paid all the installments for the chit value of 5lakhs. Chit period is completed.2months is over. Still now, they did not credited my money. They are delaying the issue from the last 2months onwards. So solve the issue as soon as possible. Iam suffering a lot everyday by making phone calls to the branch manager. They are delaying. I am in the need of money urgently...

I am a subscriber (K rajendar reddy) of kapil chit fund co. Pvt, ltd, hayathnagar branch, hyderabad. I participated chit with reference no : fhnt02p-27 for chit value rs.10, 00, 000/- (10 lakhs) of 50 months. Four guatantors verification was also completed in october first week. Branch manager (K kiran reddy) was not issuing cheque to me. He was too rediculous.
+[protected] branch manager mobile number...

This branch manager mr sampath reddy of kphb branch hyderabad is very rude and don't even know how to respond properly to esteemed and privileged customers.

Customer is god at our place said by gandhiji.

This man is a replent kind. Don't even bother and make things happen in time very reluctant behaviour. When business is required will call and urge but when it is to pay back the customers funds then he starts...